Common use of Swap Contracts Clause in Contracts

Swap Contracts. Enter into any Swap Contract, other than (a) Swap Contracts required by Section 6.16, (b) Swap Contracts entered into to hedge or mitigate risks to which the Borrowers or any Subsidiary is exposed in the conduct of its business or the management of its liabilities and (c) Swap Contracts entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with fluctuations in interest rates or foreign exchange rates or otherwise to mitigate risks associated with its assets or liabilities or business operations.

Swap Contracts. Enter into any Swap Contract, other than except (a) Swap Contracts required by Section 6.16, (b) Swap Contracts entered into to hedge or mitigate risks to which the Borrowers Company or any Subsidiary is exposed has actual exposure (other than those in respect of Equity Interests of the conduct Company or any of its business or the management of its liabilities Subsidiaries), and (cb) Swap Contracts entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with fluctuations in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from one floating rate to another floating rate or foreign exchange rates otherwise) with respect to any interest-bearing liability or otherwise to mitigate risks associated with its assets investment of the Company or liabilities or business operationsany Subsidiary.

Swap Contracts. Enter into any Swap Contract, other than (a) Contract except for Swap Contracts required by Section 6.16, that are (bor were) Swap Contracts entered into to hedge or mitigate risks to which the Borrowers or any Subsidiary is exposed in the conduct of its business or the management of its liabilities and (c) Swap Contracts entered into by such Person in the ordinary course of the Company’s or such Subsidiary’s business for the purpose of directly mitigating risks associated with fluctuations in interest rates liabilities, commitments, investments, assets, earnings or foreign exchange rates properties held or otherwise to mitigate risks associated with its assets reasonably anticipated by the Company or liabilities or business operationssuch Subsidiary, as applicable, and not for purposes of speculation.

Swap Contracts. Enter into any Swap Contract, other than (a) Swap Contracts required by Section 6.16, (b) Swap Contracts entered into as required by Section 6.19 hereof and otherwise in the ordinary course of business to hedge or mitigate risks to which the Borrowers Loan Parties or any Subsidiary is of their respective Subsidiaries are exposed in the conduct of its business their respective businesses or the management of its liabilities and (c) Swap Contracts entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with fluctuations in interest rates or foreign exchange rates or otherwise to mitigate risks associated with its assets or liabilities or business operationstheir respective liabilities.